3346m² Land for sale in Larnaca, Cyprus by Bezino Trading Ltd No. 83614

Property description

Residential & Commercial Development Opportunity – 3,346 sqm Field in Sotiros, Larnaca.

This 3,346 sqm field is located within the Sotiros Parish, Larnaca offering an excellent opportunity for residential and commercial development. The property is divided into two planning zones: Κα4 (59%), designated for residential use, and Εβ5 (41%), suitable for commercial purposes.

With a 120% building density, 50% coverage ratio, and the potential to build up to three floors with a maximum height of 13.5 meters, this plot provides significant development flexibility.

It is ideal for constructing a residential complex with apartments, villas, or townhouses, while also offering space for commercial units such as shops or offices, making it a highly attractive investment.

The field is strategically located in an up-and-coming area of Larnaca, combining a tranquil living environment with easy access to key amenities.

Its mixed-use potential makes it a valuable opportunity for developers and investors looking to capitalize on Larnacas growing real estate market.

Reference number: DP-CY15942/DRE_8458
Land type: Field
Plot area: 3346 m2
Plot Type: Residential
Square meter price: €493 /m2:

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Parameters	Larnaca
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 909.07
Apartment (1 bedroom) Outside of Centre	$ 718.07
Apartment (3 bedrooms) in City Centre	$ 1 579.94
Apartment (3 bedrooms) Outside of Centre	$ 1 232.90
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 3 219.46
Price per Square Meter to Buy Apartment Outside of Centre	$ 2 368.46

Parameters	Larnaca
Crime Index	29.52
Cost of Living and Rent Index	37.39
Purchasing Power Index	77.45
Property Price to Income Ratio	9.64
Safety Index	70.48
Traffic CO₂ Index	9343.25
Traffic Inefficiency Index	326.58
Rent Index	21.62
Health Care Index	58.82
Groceries Index	50.14
Pollution Index	51.91
Traffic Commute Time Index	35.75
Restaurant Price Index	46.18
Climate Index	94.95
Cost of Living Index	49.94
Quality of Life Index	154.28
Traffic Index	176.41

Parameters	Larnaca
Restaurants
Meal, Inexpensive Restaurant	$ 13.03
Meal for 2 People, Mid-range Restaurant, Three-course	$ 54.27
McMeal at McDonalds (or Equivalent Combo Meal)	$ 7.60
Domestic Beer (0.5 liter draught)	$ 3.26
Imported Beer (0.33 liter bottle)	$ 4.07
Coke/Pepsi (0.33 liter bottle)	$ 1.59
Water (0.33 liter bottle)	$ 0.94
Cappuccino (regular)	$ 3.63
Markets
Milk (regular), (1 liter)	$ 1.52
Loaf of Fresh White Bread (500g)	$ 1.83
Eggs (regular) (12)	$ 3.76
Local Cheese (1kg)	$ 14.98
Water (1.5 liter bottle)	$ 0.83
Bottle of Wine (Mid-Range)	$ 7.59
Domestic Beer (0.5 liter bottle)	$ 1.55
Imported Beer (0.33 liter bottle)	$ 2.21
Cigarettes 20 Pack (Marlboro)	$ 5.43
Apples (1kg)	$ 2.93
Chicken Fillets (1kg)	$ 8.66
Oranges (1kg)	$ 2.08
Potato (1kg)	$ 1.44
Lettuce (1 head)	$ 0.70
Rice (white), (1kg)	$ 2.60
Tomato (1kg)	$ 2.76
Banana (1kg)	$ 1.83
Onion (1kg)	$ 1.25
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	$ 13.10
Transportation
One-way Ticket (Local Transport)	$ 2.61
Monthly Pass (Regular Price)	$ 54.27
Gasoline (1 liter)	$ 1.51
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	$ 25 508.18
Taxi Start (Normal Tariff)	$ 7.06
Taxi 1km (Normal Tariff)	$ 2.17
Taxi 1hour Waiting (Normal Tariff)	$ 27.14
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	$ 30 935.46
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 159.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 31.89
	$ 20.98
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 1 448.96
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.74
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	$ 66.03
Tennis Court Rent (1 Hour on Weekend)	$ 36.18
Cinema, International Release, 1 Seat	$ 10.85
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	$ 70.55
1 Summer Dress in a Chain Store (Zara, H&M, ...)	$ 30.39
1 Pair of Nike Running Shoes (Mid-Range)	$ 85.03
1 Pair of Men Leather Business Shoes	$ 103.12
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	$ 412.47
International Primary School, Yearly for 1 Child	$ 11 578.18

3346m² Land in Larnaca, Cyprus No. 83614

Property description